2018 NGN to DJF Historical Review

YEARLY HIGH

0.4984 DJF

YEARLY LOW

0.4867 DJF

YEARLY AVERAGE

0.4922 DJF

2018 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.4984. Conversely, the yearly low was recorded on December 1, dropping to 0.4867.

This high-to-low spread represents a total annual volatility of 0.0117 DJF. From a start-to-finish perspective, comparing the January average rate of 0.4962 to the December average rate of 0.4891, the exchange rate registered a net change of -1.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4984 was down 15.45% compared to the 2017 peak of 0.5895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 498,383 DJF

2017 Average 538,073 DJF

Yearly Trough Low 486,689 DJF

Transaction Impact: A difference of 11,693.65 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4969

0.4883

JanuMarcMayJulySeptNove

NGN to DJF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4932, compared to 0.4912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.4932

H2 Avg (Jul–Dec) 0.4912

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0062 DJF (High: 0.4953 / Low: 0.4891). On the other end, March was the most stable month, with a tight range of 0.0017 DJF (High: 0.4924 / Low: 0.4907).

September Spread (Volatile) ±0.0062

March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.4962) against the same month in 2017 (average: 0.5709), the exchange rate shifted by -0.0747 (-13.08%).

2018 Avg (January) 0.4962

2017 Avg (January) 0.5709

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4984	0.4940	0.4962
February	0.4958	0.4902	0.4926
March	0.4924	0.4907	0.4916
April	0.4928	0.4904	0.4916
May	0.4948	0.4906	0.4932
June	0.4950	0.4929	0.4941
July	0.4959	0.4907	0.4935
August	0.4946	0.4909	0.4931
September	0.4953	0.4891	0.4918
October	0.4915	0.4890	0.4900
November	0.4935	0.4883	0.4898
December	0.4905	0.4867	0.4891